Plan Ledger DOL Form 5500 · updated monthly

Next Glass, Inc. dba Untappd, Inc.401(k)

UNTAPPD 401(K) PLAN · WILMINGTON, NC · plan year 2024

Reported admin expense ratio · 2024
0.33%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Next Glass, Inc. dba Untappd, Inc. reported $10,935 in plan administrative expenses for 2024: 0.33% of average plan assets, below the peer median. Employer contributions averaged $3,447 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.17% to 0.33%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in North Carolina (1,613th of 2,005), and 10,369th of 11,654 in professional & technical services. In 2024, employees put in $2.00 for every $1.00 the employer contributed; active participation has shrunk from 124 to 75 since 2022.

Plan summary
Net assets, end of year$3,458,995
Participants with balances86
Active participants75
Employer contributions$258,488
Employee contributions$517,620
Employer contribution per active participant$3,447
Average account balance$40,221
Benefits paid to participants$1,054,815
Plan auditUnmodified (clean) audit opinion
AuditorAC CPA, PLLC
Plan history3
Yearassets · accounts · employer contribution
2024$3.5M · 86 accts · $258K emplr
2023$3.1M · 107 accts · $327K emplr
2022$2.3M · 127 accts · $362K emplr
The Next Glass, Inc. dba Untappd, Inc. 401(k) match · 2024
Employer contribution per active participant$3,447
Median for plans this size$1,313
2024$3,447 per active participant
2023$3,802 per active participant
2022$2,916 per active participant

Next Glass, Inc. dba Untappd, Inc.'s 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202412
T. ROWE PRICE RPS, INC. · Recordkeeping · Trustee$14,815
DIMENSIONAL FUNDS · Investment managementindirect comp
AMERICAN FUNDS · Investment managementindirect comp
MFS FUNDS · Investment managementindirect comp
VANGUARD GROUP · Investment managementindirect comp
FIDELITY · Investment managementindirect comp
HARTFORD FUNDS · Investment managementindirect comp
IVY INVESTMENTS · Investment managementindirect comp
JP MORGAN FUNDS · Investment managementindirect comp
DODGE & COX · Investment managementindirect comp
JOHN HANCOCK FUNDS · Investment managementindirect comp
COHEN & STEERS FUNDS · Investment managementindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$10,935 · 0.33%
2023$2,635 · 0.10%
2022$3,145 · 0.17%
Similar plansProfessional & Technical Services · North Carolina
Getbridge NC$3.7M · 0.05%
IT People Corporation NC$3.6M · 0.75%
L & E Research, Inc. NC$3.6M · 1.08%
Petfolk Inc. NC$3.5M · 0.47%
Tands Inc. NC$3.4M · 0.02%
Avadim Holdings, Inc. NC$3.3M · 1.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 461528599 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.